An armed attack in Baghdad will lead to an increase in the value of protective assets. Gold grew. But I bet that the situation will not receive military continuation and gold quotations will return to the main volumes.
Damn Wuhan to hell for being so disgusting and eating rats and cats then getting SARS-CORV. Damn them to their filthy ways and let Gold shine bright for the darkness that is spreading. People in EU, UK, USA, and many parts of Eastern Asia are getting roasted by SARS-CORV and its all cause of WUHAN, CHINA. If you ask me I say we nuke em and buy Gold.
The USA recently said that if there is another American citizen killed, they will attack the general who took over for Qassem Solamani. ALL defence stock will fly upwards if this occurs.
Looking for oil stocks to kick it into high gear. Large cap play XOM looking to break out of long downtrend. Small cap lotto CRC just recently broke above trendline.
Since BTC is already digital gold and adaption is just the next step. Considering that BTC was pumping along with January effect and the conflict between US and Iran. Let's consider that I was bearish already during this phase of consolidation from January 8-13 where Iran and US expressed concern to end conflict to not escalate a war. BTC then consolidated and was...
I love when the asset hit my targets but not with chances of war ahead. Cream Live Trading, Good Luck!
Gold is extremely overbought on both the monthly and the weekly. So this should still ride overall as a short. The conflict with Iran can still greatly affect the USD, so whatever happens, this week news-wise can still make it bullish against price action. But technical analysis still screaming this is a big big short. Let's see. BEAR TPS: • 1550.55 •...
Just a quick one from my phone whilst I’m waiting for my food lol. Did you know Iran is sat on a 140.2 billion barrel Oil reserve? 😳 Js js.... Not implying anything idk what you’re talking about.... 🤣
The bearish impulsive wave that started in October 2019 is still underway. Price should be making a short-term rally and longterm decline until the structure is completed. Note: I will be looking to short from the blue zone. Check Related Idea for previous analysis.
4 years is a decent head start to position and bet on AMERICA as the defcto OPEC .. ARMCO shares tanked $500bn from $1Tr iPO | $35 <---37 Saudi should likely use the proceeds to acquire Arms from defense contractors which Spiked 12% lockheed grumman etc..
Optimism and belief in a bright future are generally quite positive things, but you should not abuse them, because this is fraught with a separation from reality. What we observed in the last couple of days in the financial markets, in our opinion, was that separation from reality. Asset prices are as if there were no killing of Suleimani, mutual threats from the...
I'm generally bullish on $BA for a number of rasons. Recent updates on the 737MAX downed in Iran seems to identify the cause on exogenous variables (a missile). The company is nonetheless improving 737Max pilots' training and, technically speaking, the chart shows higher lows, meaning the trend line is positive. ***As usual, not a trading advice, merely my view...
This post is a confirmations aggregator for the main idea in questioning: /////////////////////////// I've looked at the indicators and saw... sea calm on 30m...(see the above chart, no confirmations yet) Overbought on 4h: Overbought on daily: ///////////////////////////// As of yet - a few not critical confirmations of the IMMINENT CORRECTION have...
Weekly Chart : The time will tell, but meanwhile the chart tells us that the odds pointing to huge Reversal Pattern. Multiple Head and Shoulders contains several shoulders, in our case 3 from each side. Note the huge volume spike in the Head. Note the inner Neckline and the Outer Neckline. Short trades will be taken when the price will break down the...
Yesterday was oversaturated and accordingly super volatile. Although it is worth noting that the strength of the counter-movements significantly exceeded our expectations. On days like yesterday, traders either make a fortune or (which happens much more often) lose their deposits. Often the reason for the loss of the deposit is excessive greed on the one hand and...
After the US took an airstrike on Iran and killing its top general, I have been looking for a countercurrency for USD other than Gold and Oil... and so, USDRUB was detected. Moreover, its price action gave us a convincing sell bias as it has successfully broken the weekly 200ma. This set up will be targeting 55.000 psychological level that was previously tested in...
Here's pretty much how I've been viewing gold overall. Very similar setup and I expect it to play out very similar. Good luck traders.
After a major rally in wave 3 labeled (i)-(v), GBPJPY seems to be making a three-wave pullback in wave 4 which is expected according to Elliot Wave principle. The wave 4 correction which is currently unfolding as a simple zigzag is almost completed. However, it still has the potential to sell lower to around 50% Fib of wave 3 which also lined up with a support...